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News1827-01-2026, 07:00

Pune Youth Loses ₹6 Lakhs After Fraudulent Bank App Password Change

  • A Pune resident, Shriram Raosaheb Gite, lost ₹6.09 lakhs due to a cyber fraud while changing his Bank of Maharashtra 'Maha Mobile Plus' app password.
  • Gite received a notification to enter a new password, and upon doing so, he was logged out of the app.
  • Cyber thieves transferred ₹4.85 lakhs, ₹50,000, and ₹39,000 to other accounts, and ₹35,000 was withdrawn via ATM swap.
  • The fraudulent transfers were made to suspicious accounts at Canara Bank and NSDL Payments Bank.
  • Dehuroad Police Station has registered a case against unknown account holders, urging caution against suspicious links.

Why It Matters: A single wrong click during a bank app password change led to a Pune youth losing over ₹6 lakhs to cyber fraud.

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